Frequently Asked Questions

Yacht prices vary dramatically based on size, brand, age, and specifications. Entry-level luxury yachts (30-40ft) start around $1-3M, while superyachts (100ft+) can range from $10M to $500M+. Factor in 2-3% of the purchase price annually for operational costs including crew, maintenance, insurance, and berthing.

Annual ownership costs for a 30-40m yacht typically include: Crew ($150-300K), Maintenance ($100-200K), Fuel ($50-150K), Insurance ($30-60K), Marina Berthing ($40-80K), and Provisions ($30-60K). Total approximately $400K-850K annually or 2-3% of vessel value.

New yachts offer the latest technology and customisation but depreciate significantly in the first years. Pre-owned vessels provide better value, established track records, and immediate availability. Most buyers find excellent value in 3-10 year old yachts at 50-70% of new build prices.

The complete process typically takes 3-6 months from initial search to closing. This includes: vessel selection (1-2 months), negotiation and due diligence (2-4 weeks), pre-purchase survey and sea trial (1-2 weeks), and closing documentation (2-4 weeks). Cash buyers can move faster.

A pre-purchase survey is a comprehensive inspection conducted by a qualified marine surveyor. It includes hull inspection, engine evaluation, electrical systems, safety equipment, and overall condition assessment. The survey typically costs $5,000-15,000 depending on yacht size and is essential before finalising any purchase.

While we don't provide direct financing, we connect you with established yacht financing specialists who offer competitive rates. Typical structures include 15-20 year amortising loans, balloon payment facilities, and lease arrangements. Interest rates generally range from 5-8% for qualified buyers.